Lean Value Tree | Open Practice Library
The LVT follows a Top-Down framework: Vision > Strategic Goals > Bets > Initiatives. A company’s vision is broken down into a number of strategic goals, which are then defined into a number of bets, out of which value streams and initiatives with specific, targeted outcomes drive achievement from the bottom up.
Strategic layer
- Ambitious Mission — What is our destination as an organisation?
- Strategic Goal — What does the organisation need to achieve to get there?
- Strategic Bet — What strategies are we betting to achieve the goal?
Tactical Initiatives
- Promise of Value — What value are we offering to customers to help us do that?
- Promise of Delivery — How much are we investing?
See also: